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Animal Spirits:

Animal Spirits Podcast

Investing Podcast · Updated Weekly · Animal Spirits is a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, listening to and watching. Look for new episodes eve…

podcasts.apple.com/us/podcast/animal-spirits-podcast/id1310192007

On today’s show, we discuss:

How the Bucket Hat Became the Star of the Oasis Reunion
Initial Public Offerings: Updated Statistics
17 charts to consider as stocks rally and the economy cools
Americans think you should land your dream job by 29, buy your first home at 30, and earn six figures by 35–they're in for a reality check
Sherwin-Williams suspends 401(k)-matching amid weak sales
Trump Calls for Ending Quarterly Earnings Reports
US public pension funds pare allocations to private credit
Attack of the Rotten Tomatoes

Charts:

Tweets:

Looking at the forest, I still sense an overriding sentiment of “this can’t continue” – no “euphoria” anywhere.

Interestingly, when the S&P 500 records a 4-month winning streak that closes at a new all-time high monthly close, it’s continued 9 & 10 months later 18 times in a

— Steve Deppe, CMT (@SJD10304)
5:42 PM • Sep 9, 2025

Oracle $ORCL has moved up to the 10th largest stock in the S&P with a market cap of nearly $950 billion.

But of the 25 largest stocks, 14 are in the red today.

— Bespoke (@bespokeinvest)
6:43 PM • Sep 10, 2025

FRED is starting to pull in the new Census data released today. Here’s median family income, now at an all-time inflation-adjusted high of $105,800 in 2024

— Jeremy Horpedahl ?? (@jmhorp)
6:59 PM • Sep 9, 2025

Over 1/3 of American families now have over $150,000 of income, the first time in history (yes, it’s adjusted for inflation)

— Jeremy Horpedahl ?? (@jmhorp)
9:46 PM • Sep 9, 2025